Nigeria’s Supreme Court has ruled in the ongoing leadership dispute within the People’s Democratic Party …
Read More »The Naira crossed N1,400/$1 in the official FX market
Nigeria’s currency, the naira, continued to slide against the American dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,405.62/$1, compared with N1,393.25/$1 on Friday. This represents a loss of N12.37 for the local currency against the American dollar. On the black market, the Nigerian currency closed …
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